Mingde Heavy Declares Bankruptcy
Tongzhou District People’s Court in Nantong officially declared Nantong Mingde Heavy Industry bankrupt on July 31, ...
read more →Four 64,000dwt Bulkers Up for Grabs at Sainty Marine
Shenzhen-listed shipbuilder Jiangsu Sainty Marine Corp has put four 64,000 tons bulk carriers already constructed ...
read more →Sainty Marine Misses Out on Mingde Heavy Takeover
The receiver of bankrupt Nantong Mingde Heavy Industry believes that financial troubles engulfing Shenzhen-listed ...
read more →Mingde Misses Restructuring Plan Delivery Deadline
Nantong Mingde Heavy Industry, a subsidiary of the financially troubled shipbuilder Jiangsu Sainty Marine ...
read more →SE Shipping Takes Sainty Marine to Arbitration
Troubled Chinese shipbuilder Jiangsu Sainty Marine Corporation has agreed with Singapore-based SE Shipping Lines ...
read more →More Troubles for Sainty Marine
Chinese shipbuilder Jiangsu Sainty Marine Corp has been faced with another contract cancellation. The troubled ...
read more →Sainty Marine Loses Four More
Shenzhen-listed shipbuilder Jiangsu Sainty Marine Corp said that it has agreed with Dutch ship investment company ...
read more →Banks Freeze Sainty Marine’s Assets
Two banks have frozen Sainty Marine’s assets, the Chinese shipbuilder said in a filing with Shenzhen stock ...
read more →Universal Marine Orders Four Boxships
Dutch shipper Universal Marine has placed an order, its biggest yet, for four 2,350 TEU containerships to be built ...
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